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Skimming this stuff reinforces the belief that one will regret attempting to compete in a market with any significant regulatory requirement. Compliance seems b
by djoldman 2y ago
Skimming this stuff reinforces the belief that one will regret attempting to compete in a market with any significant regulatory requirement. Compliance seems boring, exhausting, complicated, occasionally arbitrary, and sometimes petty.
- robocat 2y agoRegulatory thickets are moats for businesses that know how to use them. And some businesses encourage regulations because it's a financial advantage: e.g. H&RBLOCK. In New Zealand there's large companies that encourage excessive and pointless safety regulations, because they have the teams to work it and small businesses lack resources to fairly compete.